Ex-Director Shielded from Personal Liability for Company Debts Due to Lack of Separate Contractual Agreement. https://www.taxtmi.com/highlights?id=51484 Lifting of corporate veil - recovery of debt - Personal liability of ex-director - Unless there is a separate contract, the Directors cannot be held personally liable, as has been done in the present case. en-us Wed, 29 Jan 2020 07:13:39 +0530 Wed, 29 Jan 2020 07:13:39 +0530 TaxTMI RSS Generator Ex-Director Shielded from Personal Liability for Company Debts Due to Lack of Separate Contractual Agreement. https://www.taxtmi.com/highlights?id=51484 Lifting of corporate veil - recovery of debt - Personal liability of ex-director - Unless there is a separate contract, the Directors cannot be held personally liable, as has been done in the present case. Highlights Companies Law Wed, 29 Jan 2020 07:13:39 +0530 https://www.taxtmi.com/highlights?id=51484